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| Services | Premium Funding |
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Premium funding allows you to pay your annual insurance premiums in instalments.
Similar to most other forms of finance, the premium financing company settles your insurance premiums in full when they are due and then you pay the funding company back in instalments.
Whilst a credit charge is payable to utilise a premium funding facility, the credit charges are tax deductible and the borrowing’s are “off balance sheet” as they are secured against the policies.
Paying the premium monthly allows you to pay for the insurance policy as you use it, freeing up valuable capital for other projects.
What can you fund
Funding is available for corporate insurance policies such as Public Liability, Business Packages, Professional Indemnity, Motor Vehicle, Workers Compensation and many others.
Please contact your account executive for further details or a quotation. |
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